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Jul 6, 2012
07/12
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tonight we have the obama tax edition of media mash. let's start before the supreme court decision, we had leftest journalists referring to the roberts' court as "hard right court." listen. >> if the supreme court overturns the law the court is once again showing its hand as a rad dal branch of government, full, hard, right wing judicial activities. >> what happens if it's struck down in part or whole by a 5-4 decision? would that underscore how dysfunctional is, the major institutions of our government are? that's a nightmare for the political class in this country. >> he doesn't want to strike down something that's passed with 60 senate votes, a majority of the house, signed by the president, with the full mandate reflected by the people in the election of 2008, to strike down something like really seems radical. >> chief justice roberts is very concerned about the public perception of the court, but not enough to vote some different way. >> so they were going to war with the court before the decision, brent, starting with the preempt
tonight we have the obama tax edition of media mash. let's start before the supreme court decision, we had leftest journalists referring to the roberts' court as "hard right court." listen. >> if the supreme court overturns the law the court is once again showing its hand as a rad dal branch of government, full, hard, right wing judicial activities. >> what happens if it's struck down in part or whole by a 5-4 decision? would that underscore how dysfunctional is, the major...
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Sep 18, 2012
09/12
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CNN
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. >>> coming up, a lot of talk about mitt romney's comments about taxes and obama supporters. there is a certain something he mentioned in the speech that we have yet to get clarification on, that being what he said about hispanics. will his remarks impact the republicans' efforts to attract more latino voters. that's next. ♪ and the flowers and the trees all laugh when you walk by ♪ ♪ and the neighbors' kids... what does being true to yourself have to do with being healthy? everything. ♪ but you're not ♪ you're the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one... scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten, you still like things to push. [ engine revs ] the all-new cadillac xts has arrived, and it's bringing the future forward. >>> mitt romney's remarks about americans who are dependent on government have stolen the spotlight, but he's also seen and heard on that video talking about hispanics, specifically ana navarro is
. >>> coming up, a lot of talk about mitt romney's comments about taxes and obama supporters. there is a certain something he mentioned in the speech that we have yet to get clarification on, that being what he said about hispanics. will his remarks impact the republicans' efforts to attract more latino voters. that's next. ♪ and the flowers and the trees all laugh when you walk by ♪ ♪ and the neighbors' kids... what does being true to yourself have to do with being healthy?...
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Jun 28, 2012
06/12
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CNNW
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obama care raises taxes on the american people by approximately $500 billion. >> let's talk about how this is going to play out over the course of the next couple of months. chief local analyst, gloria borger. how does this play out on the trail? we all know that mitt romney in the past supported an individual mandate at the state level, when he was governor of massachusetts. do you think voters will pay much attention, though, to his past comments as they're looking ahead? >> you know, i think no more than they paid attention to it in the past. i think what this supreme court decision did today, brooke, is it essentially drew the lines, neon lines, between the parties. and everybody understands, now, that if this law is going to be changed, it's going to be changed in the congress. and, so, i would argue, one of the reasons you didn't see mitt romney look so terribly sad today, even though he disagreed with the supreme court decision, one would think, is that this galvanizes his base. this energizes, all those people who might have been skeptical about him, because he did have a heal
obama care raises taxes on the american people by approximately $500 billion. >> let's talk about how this is going to play out over the course of the next couple of months. chief local analyst, gloria borger. how does this play out on the trail? we all know that mitt romney in the past supported an individual mandate at the state level, when he was governor of massachusetts. do you think voters will pay much attention, though, to his past comments as they're looking ahead? >> you...
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at mitt romney's tax plan. but the romney campaign is there as well and fighting back. also, the spreading u.s. drought. half the counties have now been declared disaster zones. and we're learning the price all of us may pay. >>> plus, investigators believe they -- this may be the face of a suicide bomber. new developments in the probe into a deadly terror attack. wolf blitzer is off today. i'm candy crowley. and you're in "the situation room." >>> the battle for the white house now centered in the state of ohio. president obama paid yet another visit to what both campaigns see as a must-win state. and today the president came armed with a new report on tax policy that he used to hammer away at mitt romney. our cnn white house correspondent, dan lothian, is traveling with the president. dan, the president pretty much could take up citizenship in ohio at this point. >> reporter: that's right. he really could. he was right here in akron almost a month ago. it was part of his bus tour. and since he announced his r
at mitt romney's tax plan. but the romney campaign is there as well and fighting back. also, the spreading u.s. drought. half the counties have now been declared disaster zones. and we're learning the price all of us may pay. >>> plus, investigators believe they -- this may be the face of a suicide bomber. new developments in the probe into a deadly terror attack. wolf blitzer is off today. i'm candy crowley. and you're in "the situation room." >>> the battle for the...
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Dec 13, 2012
12/12
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CNNW
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he said president obama will get his wish. higher tax rates for the wealthy. congressman brown, will the president get his wish? >> i think the president wants higher tax rates for everybody. even the lowest paid employees in this country is pushing towards. the problem is not the higher rates and taxes which i totally oppose, we have to talk about spending. spending is the problem and what's going to us off the cliff. it is leading towards a collapse of america that is going to hurt the poorest americans and seniors on a limited income. those working on the middle class americans. >> speaker boehner said many, many times before, the problem facing washington is not taxes being too low, but spending being too high. we know your side wants spending cuts and cutting, but medicare. we saw this poll today. they said it doesn't cut medicare. morgan deduction, 66% of americans said don't cut that. tax deductions for making donations to charity. 72% said don't cut that. the numbers just make me wonder, do republicans in congress who clearly want to cut these things,
he said president obama will get his wish. higher tax rates for the wealthy. congressman brown, will the president get his wish? >> i think the president wants higher tax rates for everybody. even the lowest paid employees in this country is pushing towards. the problem is not the higher rates and taxes which i totally oppose, we have to talk about spending. spending is the problem and what's going to us off the cliff. it is leading towards a collapse of america that is going to hurt the...
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Nov 30, 2012
11/12
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CNNW
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republicans are furious and president obama drawing a red line over middle class taxes. want to bring in steven moore with "the wall street journal." so, hello, sir. >> hi. >> let me show you, here is his new book on taxes and wealth in america. you wrote an opinion piece, steven, saying democrats only want one thing, higher taxes. you say democrats probably won't offer any serious spending cuts. why do you think that? there's no compromise in sight here? >> i just don't see it. you know, don, i was thinking a couple of weeks ago they would certainly reach an agreement, we wouldn't fall off the fiscal cliff, that people's taxes wouldn't go up in january. but now i'm not so certain about that. as you look at the negotiations so far and, look, my sources are on the republican side of the aisle, but what they're saying to me is this president doesn't want to deal from us, he want a surrender from us. so far what has been offered as jessica said has really been, you know, poison to the republicans. i'm not going to agree to a deal that raises taxes by $4 for every dollar of
republicans are furious and president obama drawing a red line over middle class taxes. want to bring in steven moore with "the wall street journal." so, hello, sir. >> hi. >> let me show you, here is his new book on taxes and wealth in america. you wrote an opinion piece, steven, saying democrats only want one thing, higher taxes. you say democrats probably won't offer any serious spending cuts. why do you think that? there's no compromise in sight here? >> i just...
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Dec 3, 2012
12/12
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CNNW
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today, president obama wants to let the bush era tax cuts expire for wealthy americans only, taking up their marginal federal tax rate from 36% to 39.6%. we're talking about a 3.6 percentage point uptick for households making more than $250,000 a year, only on every dollar they make above the $250,000 amount. starts 2 s at $251,000. it is on the money you make on the margin. now, while i totally agree every penny counts when it comes to your money, when you compare that to the taxes most americans paid out in past decades, when there was phenomenal economic growth, i don't get why republicans are screaming bloody murder about this 3.6%. what if we were all to chip in a little more. we need taxes, we need government programs, particularly the ones that use the scale and scope of government to get better deals and greater efficiency than the private enterprise can achieve. now, despite what you're being told, taxes as they stand are not an impediment to our long-term economic growth. not getting a grip on government spending will be an impediment. the solution can be found by looking for
today, president obama wants to let the bush era tax cuts expire for wealthy americans only, taking up their marginal federal tax rate from 36% to 39.6%. we're talking about a 3.6 percentage point uptick for households making more than $250,000 a year, only on every dollar they make above the $250,000 amount. starts 2 s at $251,000. it is on the money you make on the margin. now, while i totally agree every penny counts when it comes to your money, when you compare that to the taxes most...
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Oct 5, 2012
10/12
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cuts, obama saying no way to pay for them. obama saying we need to invest in jobs. here he is talking about jobs on the day that has gotten this fairly stunning new unemployment rate number at 7.8%, so three ticks down fro8.1, which was last month. keep in mind there was one more monthly jobs report before that all important election in november. if you want to keep watching the president speak, go to cnn.com/live. back in a moment. jack, you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it
cuts, obama saying no way to pay for them. obama saying we need to invest in jobs. here he is talking about jobs on the day that has gotten this fairly stunning new unemployment rate number at 7.8%, so three ticks down fro8.1, which was last month. keep in mind there was one more monthly jobs report before that all important election in november. if you want to keep watching the president speak, go to cnn.com/live. back in a moment. jack, you're a little boring. boring. boring. [ jack ] after...
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Dec 5, 2012
12/12
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CNNW
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obama, as you know, is standing very firm on the $1.6 trillion in tax hikes. he is offering $400 billion in cuts from the so-called entitlements but also wants to spend $50 billion on infrastructure. mr. boehner, on the other hand, is offering half -- half of what the president's number is on those taxes and not in what you'd say increases. more like closing of loopholes. he also wants much deeper cuts in entitlements and beyond. so we're watching both ends of pennsylvania avenue this hour. we've got dan lothian who is standing pat at the white house to figure out just exactly what the movements are every day. dana bash is on capitol hill. dan, let me start with you. we were just hearing from the president and we were cut off by a nasty satellite. let me talk about these business people and what exactly they can bring to the table because it seems as though he's soliciting them for advice. >> reporter: he is. but at the same time, you brought up a good point, that the president really has been doing a lot of the pressure as opposed to sitting down with lawmake
obama, as you know, is standing very firm on the $1.6 trillion in tax hikes. he is offering $400 billion in cuts from the so-called entitlements but also wants to spend $50 billion on infrastructure. mr. boehner, on the other hand, is offering half -- half of what the president's number is on those taxes and not in what you'd say increases. more like closing of loopholes. he also wants much deeper cuts in entitlements and beyond. so we're watching both ends of pennsylvania avenue this hour....
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Feb 17, 2012
02/12
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CNNW
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president obama has promised to sign it as soon as it gets to his desk. the extension impacts 160 million americans who already pay a smaller amount towards social security. here's an example. a person making $50,000 a year will continue to bring home an extra $83 a month. >>> also among the stories we are following, a barge collision, an oil spill near new orleans, shut down a five-mile stretch of the mississippi river this morning. no injuries are reported. oil is no longer spilling out of the barge but officials aren't saying just how much escaped into the river. boons have been placed around the area to stop the oil from spreading. >>> a dispute between two u.s. immigration agents erupts into gunfire at the federal building in long beach, california, last night. officials say one agent who had been threatened with disciplinary action pulled his gun and wounded his supervisor several times. a third agent came in and shot and killed the gunman. >> at this time, we believe this was an isolated incident. we believe the shooter was an acting alone. >> the
president obama has promised to sign it as soon as it gets to his desk. the extension impacts 160 million americans who already pay a smaller amount towards social security. here's an example. a person making $50,000 a year will continue to bring home an extra $83 a month. >>> also among the stories we are following, a barge collision, an oil spill near new orleans, shut down a five-mile stretch of the mississippi river this morning. no injuries are reported. oil is no longer spilling...
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954
Nov 29, 2012
11/12
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CNNW
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a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2
a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest...
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Nov 28, 2012
11/12
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CNNW
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middle class tax cuts. the ceos are from huge, huge companies here. macy's, home depot, pfizer, comcast, marriott, at&t. you see the signs here, just to name a few. on the republican side, house speaker john boehner says the gop has done its part and now it is time for the democrats to show their cards on spending cuts. >> we all know that we have had this spending crisis coming at us like a freight train. and it has to be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table, but it is time for the president and democrats to get serious about the spending problem that our country has. >> president obama and speaker boehner's last face to face meeting on the fiscal cliff was 12 days ago. though apparently they did talk over the phone this weekend. if the president and congress do not cut a deal, let me repeat myself here, massive tax hikes and spending cuts automatically kick in the first of next year. joining me now from washington is representative ma
middle class tax cuts. the ceos are from huge, huge companies here. macy's, home depot, pfizer, comcast, marriott, at&t. you see the signs here, just to name a few. on the republican side, house speaker john boehner says the gop has done its part and now it is time for the democrats to show their cards on spending cuts. >> we all know that we have had this spending crisis coming at us like a freight train. and it has to be dealt with. and in order to try to come to an agreement,...
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Sep 21, 2012
09/12
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and raise taxes on the middle class. president clinton: they want to go back to the sd... licies that got us in troubl in the first place. president obama: we're not going back, we are moving forward. anncr: forward. >>> today, the largest cancer center in the world made a startling announcement. it said we are finally in a position to radically reduce the death rate from several common cancers, not some day far off, but soon. cnn chief medical correspondent dr. sanjay gupta got the exclusive interview with researchers in this texas lab. take a look. >> we're in a position to make dramatic impact on cancer mortality in this decade. >> you're saying if we do everything right, in five years from now there will be far fewer people dying from cancer, right? >> correct. i think that with the existing knowledge and the application of what we now know we could begin to see dramatic declines in mortality that would accelerate in years five through ten and beyond set the stage for ultimate control of the disease. >> and sanjay jo
and raise taxes on the middle class. president clinton: they want to go back to the sd... licies that got us in troubl in the first place. president obama: we're not going back, we are moving forward. anncr: forward. >>> today, the largest cancer center in the world made a startling announcement. it said we are finally in a position to radically reduce the death rate from several common cancers, not some day far off, but soon. cnn chief medical correspondent dr. sanjay gupta got the...
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Sep 22, 2012
09/12
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CNN
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and the third group romney conflated, those will vote for president obama. >> what happens to taxes, my question, don't want to steal too much of our thunder from what will happen after the break, but what happens to taxes from here? the way i look at it we can't afford ourselves at the moment. what happens here? >> that's right. we can't afford it. we can't afford it because we're not paying for it. i want that car but i'm unwilling to pay for. it depends on how much we want to pay. if we paid into our government to do the things together we can't do alone the asets that made available to that government to do all the things we wanted it to do, we'd be just fine but what we want and most americans want is a lot of services from government, the ones this get, and they don't want to pay for it. >> what's going to happen, taxes go up on everyone. >> bottom line, too, all makers and takers. >> we are. >> the whole country. >> we make hamburgers, don't just make for profits and pay for profits the way romney did in bain, we make cars, hamburgers, sermons, art and those are worthwhile eve
and the third group romney conflated, those will vote for president obama. >> what happens to taxes, my question, don't want to steal too much of our thunder from what will happen after the break, but what happens to taxes from here? the way i look at it we can't afford ourselves at the moment. what happens here? >> that's right. we can't afford it. we can't afford it because we're not paying for it. i want that car but i'm unwilling to pay for. it depends on how much we want to...
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position about the extension of the bush era tax cuts, so is one of the president's biggest surrogates hurting his re-election chances? we'll get wolf up live as soon as the interview ends and it will be very interesting to hear what he has to say. first, loose lips spilling highly classified intelligence. who is leaking top secret details about covert u.s. actions and why? the fbi is investigating as some lawmakers are charging it is coming from the white house. there are three glaring examples in just really the past month. on friday the "new york times" reported president obama ordered cyber attacks against iran's nuclear facilities. days before that the times broke the news the president personally oversees a quote, unquote kill list for expanded drone attacks and on may 7th word got out a u.s. double agent helped foil another kind of underwear bomb plot out of yemen. cnn learned the man in charge of our nation's secrets is proceed poising more lie detector tests at the highest security level. that's new information coming out in the last hour and james claper is the man we're talk
position about the extension of the bush era tax cuts, so is one of the president's biggest surrogates hurting his re-election chances? we'll get wolf up live as soon as the interview ends and it will be very interesting to hear what he has to say. first, loose lips spilling highly classified intelligence. who is leaking top secret details about covert u.s. actions and why? the fbi is investigating as some lawmakers are charging it is coming from the white house. there are three glaring...
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Jul 25, 2012
07/12
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cuts expire is a tax increase while letting the obama tax cuts expire isn't. they don't need these gymnastics. they could say this is a brand new tax cut of $5 trillion and it's awesome and you should thank the republicans for being so great and letting the stimulus tax cuts expire isn't a tax increase at all. the problem is that, however, is that then republicans can no longer say democrats want to raise taxes on the rich at all because the democratic plan which is to keep the bush tax cuts up to $250,000 of income from expiring means that the rich get a tax cut, too. if you're making a million dollars a year, you get a big tax cut on that first $250,000 on the first quarter of your income. in that world, republicans and democrats both want to cut taxes on the rich. republicans just want to cut them on the rich by much more. now, in the world we live in, the real world, not the washington world, not budget world, here's what we can say with confidence. republicans are very committed to lowering taxes on the rich. but they're willing to let all kinds of tax be
cuts expire is a tax increase while letting the obama tax cuts expire isn't. they don't need these gymnastics. they could say this is a brand new tax cut of $5 trillion and it's awesome and you should thank the republicans for being so great and letting the stimulus tax cuts expire isn't a tax increase at all. the problem is that, however, is that then republicans can no longer say democrats want to raise taxes on the rich at all because the democratic plan which is to keep the bush tax cuts up...
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Nov 9, 2012
11/12
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of a tax credit that obama had enacted. this is widespread. as a result, you would like to think that all parties would like to get together and make something happen, but today's talk was really about you first, you go first. i will wait until you say something, right? at least we know they are meeting next friday and hopefully they inch toward a compromise. it's a word for today. the president says he is open to new ideas. isn't entirely wedded to his plan. and one idea that seems to be bubbling to the surface is raising revenue by changing the tax code, closing the loophole and deductions rather than raising rate on the wealthy. could i still end up paying more if they do that. >> yes, you could. >> okay. >> let's talk about this for a second. the tax rate is this easy identifiable moment. for every dollar over $380,000 instead of paying 35% taxes you will pay 39.6%. that is very clear. what if i bring new money to the government by doing this. hey, you know the mortgage interest deduction that you rich people claim and
of a tax credit that obama had enacted. this is widespread. as a result, you would like to think that all parties would like to get together and make something happen, but today's talk was really about you first, you go first. i will wait until you say something, right? at least we know they are meeting next friday and hopefully they inch toward a compromise. it's a word for today. the president says he is open to new ideas. isn't entirely wedded to his plan. and one idea that seems to be...
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Dec 12, 2012
12/12
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president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i don't know exactly where they're headed but we're headed for higher taxes. the palmy days for the rich when the taxes got lower and lower and lower in the bush administration are over. the happy times that the country -- we're going to have higher income taxes, much, much higher estate taxes, i suspect. the good times for those who have money to burn, well, they'll still have money to burn, but not quite as much money to burn. there have to be revenue increases. there has to be tax rate increases. i hate to say it, i'm a modestly upper income taxpayer myself, i hate
president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i...
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Jan 25, 2012
01/12
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paying taxes at that 30% rate if the buffett rule is in effect. question to you, is the president's tax proposal fair or does it penalize the successful? >> it's totally fair and it's actually necessary. we're headed to national default. no candidate has told you from either party, but we're heading toward default. no candidate has told you we are going to have to declare a fall on our national debt. i did just tell you that, but it's true, unless we raise taxes or lower spending. raising taxes on people who make over a million dollars a year seems fair. i don't see any rational reason why people who have that much money shouldn't pay more tax. it would be nice if they could keep it, but it would also be nice if we could flap by flapping our wings. >> ben stein, are you agreeing with the president on something? >> i agree with him on that, certainly not everything, but i've been saying all my life we can't run on these deficits forever, and the best place to get the money would be from who has lots of it, and that would be very rich people. >> i a
paying taxes at that 30% rate if the buffett rule is in effect. question to you, is the president's tax proposal fair or does it penalize the successful? >> it's totally fair and it's actually necessary. we're headed to national default. no candidate has told you from either party, but we're heading toward default. no candidate has told you we are going to have to declare a fall on our national debt. i did just tell you that, but it's true, unless we raise taxes or lower spending. raising...
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Dec 5, 2012
12/12
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president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let's talk to senior congressional correspondent dana bash. we know the speaker -- we know speaker boehner met with conservative republicans today. did he get any backlash today from his plan? >> reporter: you know what, interestingly it doesn't seem like he did. we know that conservatives are not happy with the idea that their own house republican leadership proposed a plan that includes $800 billion in new revenue. we have seen -- reported on it extensively yesterday and the day before about the e-mail alerts that conservative groups have put out, republican senator jim demint was up-front about the fact he's not happy about it. however, when it comes to speaker boehner's own republican conference, as it is called, we're told they met for an hour and there wasn't backlash, that they were united behind him. it seems as though, brooke, that the speaker has, for now,
president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let's talk to senior congressional correspondent dana bash. we know the speaker -- we know speaker boehner met with conservative republicans today. did he get any backlash today from his plan? >> reporter: you know what, interestingly it doesn't seem like he did. we know that conservatives...
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Dec 10, 2012
12/12
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CNN
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nothing much going on in public at least as president obama hits the road to campaign for higher tax rates on the rich. the list of pledge signers willing to consider raising taxes on the rich already includes republican senator bob corker of tennessee. not that he or the others you see here really want taxes to go up for anyone, but corker says agreeing to increases for the top 2% shifts the discussion. >> a lot of people are putting forth a theory and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> the shift he's talking about is the political pressure to get larger spending cuts which a good many democrats oppose. we'll see how it works out for him because spending cuts are not working out for italy's government. prime minister mario monti announced he would resign after losing support over his austerity moves. a return of political instability there reminds us that europe still faces a lot of hurdles before it comes out of i
nothing much going on in public at least as president obama hits the road to campaign for higher tax rates on the rich. the list of pledge signers willing to consider raising taxes on the rich already includes republican senator bob corker of tennessee. not that he or the others you see here really want taxes to go up for anyone, but corker says agreeing to increases for the top 2% shifts the discussion. >> a lot of people are putting forth a theory and i actually think it has merit where...
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Aug 18, 2012
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, cruel towards seniors, while they're giving away tax breaks to the upper income. so they're going on offense. so far i think it's working reasonably well from a republican point of view it the ry . the ryan campaign has energized the overall romney effort. paul ryan, the vice presidential candidate, is playing on the same level as president obama. almost as if they're equals. of course in normal politics, that's anything but. so in the short term i think they feel they picked up some points on this. it's the long term that really matters. as joe johns said, the real question is how this plays over the long haul. >> that's the $64,000 question, isn't it? president obama's campaign has just responded to all those attacks about medicare with a new ad. >> the nonpartisan cracks down on abuse and strengthens benefits. and the ryan plan? aarp says it will undermine medicare and could lead to higher costs for seniors. >> so, is this a sign, then, that the ryan attacks are working and it's forcing the obama campaign to make ads like that? is it a sign that the president's
, cruel towards seniors, while they're giving away tax breaks to the upper income. so they're going on offense. so far i think it's working reasonably well from a republican point of view it the ry . the ryan campaign has energized the overall romney effort. paul ryan, the vice presidential candidate, is playing on the same level as president obama. almost as if they're equals. of course in normal politics, that's anything but. so in the short term i think they feel they picked up some points...
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Oct 4, 2012
10/12
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we didn't raise taxes. you raised them by a trillion under obama care. we didn't cut medicare. of course, we don't have medicare but we didn't cut medicare by $716 billion. we didn't put in place a board that can tell people ultimately what treatments they're going to receive. we didn't also do something that i think a number of people across this country recognize, which is put people in a position where they're going to lose the insurance they had and they wanted. right now the cbo says up to 20 million people will lose their insurance as obama care goes into effect next year. and likewise a study of mckinsey and company of american businesses said 30% of them are at risk of being dropped. for those reasons, for the tax, for medicare, for this board and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said do not do this, and the republicans had the plan. they put a plan out. they put a bipartisan plan. it was swept aside. i think something this big, this important, has to be done on a bipartisan basis. and we have
we didn't raise taxes. you raised them by a trillion under obama care. we didn't cut medicare. of course, we don't have medicare but we didn't cut medicare by $716 billion. we didn't put in place a board that can tell people ultimately what treatments they're going to receive. we didn't also do something that i think a number of people across this country recognize, which is put people in a position where they're going to lose the insurance they had and they wanted. right now the cbo says up to...
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Aug 16, 2012
08/12
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so i've paid taxes every single year. harry reid's charge is totally false. >> no less than 13% he says. today the obama camp quick to respond to that. since there is substantial reason to doubt his claims, we have a simple message for him, prove it. romney released his 2010 and 2011 returns, but don't expect anymore. in an interview on nbc, romney's wife, ann, says they are done releasing tax returns. and just a reminder, i'll be an corping this show live from tampa where republicans will be holding their national convention. join me either in person, come say hey. or on tv of course. that kicks off august 27th right here on cnn. >>> two british men who are totally paralyzed learned today they will not be allowed to ask their doctors for help in ending their own lives. the british high court called their stories "deeply moving" but unanimously upheld the country's long-established law against assisted suicide. the court said any change in the law must come from parliament. one of the men impacted by the decision today sa
so i've paid taxes every single year. harry reid's charge is totally false. >> no less than 13% he says. today the obama camp quick to respond to that. since there is substantial reason to doubt his claims, we have a simple message for him, prove it. romney released his 2010 and 2011 returns, but don't expect anymore. in an interview on nbc, romney's wife, ann, says they are done releasing tax returns. and just a reminder, i'll be an corping this show live from tampa where republicans...
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american people need to question president obama, is this a tax or is it not? governor romney made it clear the final word is in from the supreme court and this is a tax. >> you said the first half is he agrees with the dissent and the dissent says it is not a tax. he is going to defer to what the supreme court now ruled and he actually believes it is not a tax, that's what the dissent believes, right? >> what he said is the time word is in. like it or not, the supreme court ruled and the majority says this is a tax and that's what the american people have to accept. >> all of that is not the same thing. forgive me for interrupting. it is not the same thing as saying i believe it is a tax. he said he believes it is not a tax, the dissent says we believe it is not a tax. what it sounds like and in fact you're just agreeing with the way i was reading this, so i just want to confirm it, sounds like you're saying that mitt romney is even though he believes it is not a tax he is going to go along with what the supreme court has ruled because of course the supreme co
american people need to question president obama, is this a tax or is it not? governor romney made it clear the final word is in from the supreme court and this is a tax. >> you said the first half is he agrees with the dissent and the dissent says it is not a tax. he is going to defer to what the supreme court now ruled and he actually believes it is not a tax, that's what the dissent believes, right? >> what he said is the time word is in. like it or not, the supreme court ruled...
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Jul 10, 2012
07/12
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president obama has put the issue of tax fairness front and center in this election. speaking in the east room of the white house, the president asked congress to immediately extend the bush tax cuts for those making less than $250,000 a year. >> the republicans say they don't want to raise taxes on the middle class. i don't want to raise taxes on the middle class, so we should all agree to extend the tax cuts for the middle class. let's agree to do what we agree on. right? >> now, i'm going to show you some numbers in a few moments. you can be the judge because this puts the republicans on the spot. they have to take a position on supporting middle class tax cuts without an equal tax cuts for the wealthiest of americans. the romney campaign believes the best way to deal with the announcement is to say the president is raising taxes. president obama's response to even more bad economic news is a massive tax increase. here's the problem with the romney camp's statement. it is blatantly false. but they think the head shaking crowd will buy what they say. the president d
president obama has put the issue of tax fairness front and center in this election. speaking in the east room of the white house, the president asked congress to immediately extend the bush tax cuts for those making less than $250,000 a year. >> the republicans say they don't want to raise taxes on the middle class. i don't want to raise taxes on the middle class, so we should all agree to extend the tax cuts for the middle class. let's agree to do what we agree on. right? >> now,...
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president obama selling what he calls his middle class tax relief plan. romney selling himself as the best possible replacement for the president who he is calling an extreme liberal. our national political correspondent, jim acosta, is joining us. jim, we know they keep fighting, jabbing at each other especially over this tax issue, but the polls still show they are deadlocked. is this an issue that is swaying anybody either way? >> well, you know, we're going to have to find out, wait and see. latest polls out of colorado where mitt romney is today and out of iowa where president obama will be speaking in about an hour from now. they are deadlocked. and that is basically the case in nearly all of these swing states so that is why you are seeing this super heated white-hot rhetoric being thrown back and forth between these two campaigns. you know, a lot of this was getting going last week, suzanne, over this issue of mitt romney's foreign assets. this morning the obama campaign came out with a new web video on some of this stuff. and mitt romney sort of
president obama selling what he calls his middle class tax relief plan. romney selling himself as the best possible replacement for the president who he is calling an extreme liberal. our national political correspondent, jim acosta, is joining us. jim, we know they keep fighting, jabbing at each other especially over this tax issue, but the polls still show they are deadlocked. is this an issue that is swaying anybody either way? >> well, you know, we're going to have to find out, wait...
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Jul 12, 2012
07/12
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under president obama, taxes have hit a 30-year low. in part because of tax cuts enacted by the president as part of the stimulus package. average tax rates are lower than they were under president ronald reagan, bush rem roxli, and cli and bush xliii. that's the truth. these numbers come from the congressional budget office and it's true of incomes and all federal taxes absolutely combined. under president obama, taxes are at a 30-year low despite what tea partiers would want you to believe. that's what the tea party is about, taxed enough. already. here's what i want you to do. do me a favor, just do big eddy a favor one time. the chart we showed you, it's on the website. send the chart to four of your conservative friends on our blob at ed.msnbc.com. send it to fred who showed up at the barbecue last week. the chart goes through 2000 flien, and since then, he has lowered taxes even more. of course, this hasn't stopped republicans from complaining about taxes under the president's watch. >> it sounds to me like the same old policies w
under president obama, taxes have hit a 30-year low. in part because of tax cuts enacted by the president as part of the stimulus package. average tax rates are lower than they were under president ronald reagan, bush rem roxli, and cli and bush xliii. that's the truth. these numbers come from the congressional budget office and it's true of incomes and all federal taxes absolutely combined. under president obama, taxes are at a 30-year low despite what tea partiers would want you to believe....
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May 24, 2012
05/12
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and how about saying that obama raised taxes? that's another thing you hear out there. how could we have fallen for that one? obama's lost every single fight he's had with the republican congress trying to get rid of the bush tax rates. lost every one and we know it. the tax rates we had today is the same as they were when w. left us. if they're holding the economy back, blame him. they can't blame obama for trying to dump the tax rates and them come back and blame for him very hose same tax rates, can he? i guess rove can.
and how about saying that obama raised taxes? that's another thing you hear out there. how could we have fallen for that one? obama's lost every single fight he's had with the republican congress trying to get rid of the bush tax rates. lost every one and we know it. the tax rates we had today is the same as they were when w. left us. if they're holding the economy back, blame him. they can't blame obama for trying to dump the tax rates and them come back and blame for him very hose same tax...
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Dec 6, 2012
12/12
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part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and science and public research grants could be cut including in to cancer and childhood diseases. fewer americans could receive drug abuse treatment and $700 million slas
part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week...